Audi, the luxury arm of Volkswagen, reaffirmed its full-year earnings forecast on Monday, clarifying that the projection does not incorporate the potential repercussions of U.S. tariffs. In the first quarter, bolstered by a robust 12.4% surge in electric vehicle sales, Audi's revenue soared to €15.43 billion, up from €13.73 billion recorded in the same period last year. The company's statement revealed that revenue from January to March this year amounted to $17.49 billion. Audi anticipates full-year revenue to range between €67.5 billion and €72.5 billion, marking an increase from €64.5 billion in 2024, with an operating margin projected to be between 7% and 9%.
